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JP Morgan CEO on Bitcoin: ‘I just don’t give a fuck’

Oct31
by on October 31, 2018 at 2:24 pm
Posted In: Around the Web, cryptocurrency, Hard Fork


JP Morgan CEO Jamie Dimon may have been one of the most influential critics of Bitcoin ever since he called it a fraud last year, but he is reluctant about becoming the face of the war against the apex cryptocurrency. Asked if he has changed his mind about Bitcoin at the Axios Conference in LA, Dimon quashed earlier reports of softening the stance on Bitcoin. “I never changed what I said, I just regret having said that,” he said. “I didn’t want to be the spokesperson against Bitcoin. I just don’t give a fuck, that’s the point.” Dimon also stuck by the “blockchain,…

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EY unveils blockchain prototype that makes Ethereum transactions private

Oct31
by on October 31, 2018 at 2:11 pm
Posted In: Around the Web, cryptocurrency, Hard Fork


Major accounting firm EY has just dropped some epic details of a new blockchain prototype that can make Ethereum transactions private – as in real ones, on the main public blockchain. EY calls its new system the EY Ops Chain Public Edition (PE), touting it as the world’s first implementation of zero-knowledge proof (ZKP) technology on the public Ethereum blockchain. ZKP is a method of validating data. Put simply, ZKP allows blockchains to confirm transactions without having to reveal information related to those transactions, which makes them secure as no sensitive data is actually exchanged. The idea is that this…

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India considers outlawing cryptocurrency use (but blockchain is still cool)

Oct31
by on October 31, 2018 at 2:07 pm
Posted In: Around the Web, blockchain, cryptocurrency, Hard Fork


It seems India has no intention of slowing down its crusade against cryptocurrencies – but at least, it might be open to experimenting with distributed ledger tech. Following a meeting of the Financial Stability and Development Council (FSDC), the government is contemplating devising an appropriate legal framework to ban the use of cryptocurrency in India – and encourage experimenting with distributed ledgers instead.  “FSDC took note of the developments regarding strengthening of Cyber Security in Financial Sector including progress made towards setting up of a Computer Emergency Response Team in the Financial Sector (CERT-Fin) under a Statutory Framework,” the meeting notes…

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Java is still the no. 1 programming language in the world. Learn it now (and get paid) for only $29

Oct31
by on October 31, 2018 at 2:00 pm
Posted In: Around the Web, Offers


Java is practical, backward-compatible, reliable and constantly updated — and as the planet’s most popular programming language, it’s a must for any budding coder. You can get a taste for everything Java has to offer with the training in The Ultimate Java Programming Bundle. With this latest discount from TNW Deals, you can pick up the whole package for only $29, a savings of over 90 percent off the regular price.

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Indian traders are fighting Amazon by trying to get their town blacklisted

Oct31
by on October 31, 2018 at 1:36 pm
Posted In: Around the Web, India, Insider


Traders from Ulhasnagar, a small town in western India near Mumbai, plan to get rid of sales competition from Amazon by placing fake orders in bulk, hoping that the e-commerce company blacklists the whole town. The festival of Diwali is around the corner, but traders in Ulhasnagar were reportedly incurring losses due to online competitors offering discounts they could not compete with. In a meeting held on Monday, the local traders association planned to bombard the e-commerce giant with fake orders, The Times of India (ToI) reported. The strategy they discussed was to place large orders in bulk to be…

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